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much. happening now, a speech to the world. president obama at the united nations goes in depth on the turmoil in the middle east. also, mitt romney talking aid, trade and more drilling down on foreign policy. we're going to hear what he's saying. and the news many homeowners have been waiting for years to hear. i'm wolf blitzer. you're in "the situation room." >>> a brief break from the verbal sparring, the white house race. president obama stepped back in the global spotlight in new york today addressing the united nations assembly. he spoke at length about the turmoil in the middle east touting diplomacy and coalition building as the solution to the crisis to the region that's been vexing his administration. jessica yellin is traling with the president in new york. jessica, give us an update. what did the president say? >> reporter: wolf, when the president spoke here he had two major audiences, a global audience and a domestic audience. voters listening now to foreign policy issues with a new ear and a new eye after this violence in libya. and the president addressing it all
around the globe. we'll let you know what's happening up at the u.n. president obama and mitt romney both in the key state of virginia yesterday. you can all relax because everything, once again is all right with the world. those good regular union refs are back on the job. they came out last night for the ravens/browns game up in baltimore. no more lingerie league rejects out on the field. how about it. okay. that and a whole lot more here on today's "full court press." but first the latest, today's current news update from lisa ferguson in los angeles. good morning. >> hey bill, good morning everyone. mitt romney is all over the map again today with a rally in pennsylvania and then a fund-raiser in massachusetts. his campaign has another $5 million after last night's fund-raiser in d.c. where romney explained his five steps to take america back. the first of which is to produce more oil and natural gas. >> romney: we have the capacity if we can take advantage of it and we build that pipeline from
under president obama. 47% is a legitimate figure. and the latest fox news poll shows voters are fed up. when asked if all americans should be required to pay some kind of federal income tax, 79%, yes, they should. and joining us with americans for tax reform, maddie go through it for me fast. how did the spike happen? i believe there was a spike in the number of people not paying any federal income tax at all. >> right, we've got romney talking about this and the media saying that this is, you know, him insulting, inelegant, a problem talking about it, what it is a referendum on obama policies and the state of the economy. what we've seen are incomes falling and people have less income due to paying taxes on and getting more he deduction and less tax income liability. ahead of that, too, though, we've seen a lot more complexity introduced into the tax code, we've got deductions, if you fill out your own 1040 how difficult it is if you're not taking the standard deduction, what your tax liability is. this is something coming down the pipe with a romney administration or more republicans
is down, way down in the obama years and down again last month. income now lower by 8.2%. that is a flat-out decline in purchasing power and standard of living for american households, down. but so far, no impact on president obama's standing in the polls. he leads in swing states, ohio and florida and on the question of economic policy, the president leads mitt romney 48-39. now, this is what happens in europe when living standard plunge, rioting overnight in spain and a general strike in greece, this is the people's response over there to austerity. we've got another all-star lineup for you, watch out everybody, "varney & company" is about to begin. woman 1: this isn't just another election. we're voting for... the future of our medicare and social security. man 1: i want facts. straight talk. tell me your plan... and what it means for me. woman 2: i'm tired of the negative ads and political spin. that won't help me decide. man 2: i earned my medicare and social security. and i deserve some answers. anncr: where do the candidates stand on issues that... affe seniors today and in the
. obama 48, romney 46. if this class warfare argument is working and we're told it is, shouldn't the president be up by a lot more. >> accord to go rasmussen, the president has only a 1 point lead in ohio. so that state, key state, basically, a dead heat and by the way, scott rasmussen will join us later this hour, a couple of minutes in fact with his latest daily national tracking poll. in our next hour, we'll talk to radio hosts from ohio, and are people tired of the race already? it's every single commercial on tv, a political ad? yeah, most of them are. all right, and we'll put the entire ad, that president obama is running in ohio on our facebook page and we'll read some of your comments later in the show in the next hour. check pre-market apple, the stock is down big ahead of the opening bell because the company says it sold 5 million new iphone 5 phones in three days after its launch and that's way below what many people expected. some are looking for 8 or 10 million and the stock will be sharply lower when that opening bell rings. president obama successfully made succe
reporting. i'm deborah feyerick at cnn world >>> a mad dash to the end of the race. president barack obama and governor mitt romney get ready for a face-off at this week's first debate. >>> plus a couple of big surprises from arnold schwarzenegger who talks candidly about his childhood and the housekeeper. >>> and an epic fail by the united states. after being up for a significant lead, the guys in the ryder cup lose big, berman. >> it was a disaster. complete meltdown. well, still, good morning. and welcome to october, everyone. this is "early start." i'm john berman in washington this morning. >> and i'm sir riesirita simon. >>> president barack obama and mitt romney square off wednesday night in denver. both trying to lower expectations practically gushing over one another, but new jersey governor chris christie is going against the grain and setting the bar high for the republican nominee. >>er time mitt romney has been confronted in this campaign with one of these moments, he has come through in a debate and performed extraordinarily well laying out his vision very clearly and also co
reserves of shale gas. and spokesman for mitt romney says the obama administration should formally their china a currency manipulator. semiannual report due on the topic released by treasury in mid october. >> it had stopped for a while and yuan was slowly moving up, but then with all the pressures with their economy, it's kind of turned around. >> when you start messing around with china as a political football on either side, election nearing and -- >> and tensions between china and japan got pretty bad. i heard the lexus is going to be slowing down production because wealthy people don't want to buy a japanese luxury sedan. >> a lot of people that were wealthy aren't quite as wealthy as they used to be. i think trump was always railing about china, too. >> in other news out of washington, the white house is reportedly prepare to go direct federal agencies to develop guidelines for owners of power, water and other infrastructure facilities. it would give the agencies 90 days to propose new regulations and create a new cyber security council at the department of homeland security.
mentioned president obama and mitt romney hitting the spring state of ohio in duelling events. the president speaking ott bowling green university. governor romney in bedford heights, pushing his economic plan to business leaders there. the polls show the president is holding a lead in the state. cnbc's chief washington correspondent john harwood has the latest on that. >> the 18 electoral votes in ohio are critical. no republicans won the white house without them. mitt romney is in a hole in ohio now. new york times cbs poll out this morning showed him down by 10 percentage points in ohio. other polls show it closer. everybody agrees he's behind. look at the numbers. it tells you about his ohio trouble from this poll when you ask people who's better on the economy, that's mitt romney's signature issue. barack obama by 51 to 45%. when you ask who would favor the rich, 8% say president obama. 58% say mitt romney. that's not good for him. when asked does mitt romney or barack obama understand the problems of people like you, by 59% to 38% people say obama understands, romney does not. that exp
this morning, crunch time in the race for the white house. just two days remain before president obama and mitt romney square off in denver for the first of three critical debates. president's being prepped in nevada today. and the gop challenger has some ground to make up because a brand-new "washington post"/abc news poll this morning has the president leading by two percentage points among likely voters. it's not unusual for candidates to try to lower expectations in the days leading up to dedebate. republicans have been playing up the president's eloquence, ever since last week. but it seems somebody forgot to tell new jersey governor chris christie, because he was setting the bar high for mr. romney. listen. >> he's going to come in wednesday night, lay out his vision for america, he's going to contrast what his view is with what the president's record is, the president's view for the future and this whole race is going to be turned upside down come thursday morning. >> upside down is what he says. in just a few minutes we're going to be talking about wednesday night's debate and the presi
the math doesn't work. >> you're the master of the budget. so let's go through the plan. the obama camp says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years. true? >> not in the least bit true. >> how much would it cost? >> its revenue neutral. >> i'm just talking about the cuts. we'll get to the deductions. >> the cut in tax rates is lower all americans tax rates by 20%. it's revenue neutral. >> it's not revenue new pral unless you take away the deductions. the first half, lowering the tax rates, does that cost $5 trillion? >> no. look, i won't get into a baseline art with you but that's what a lot of this is about. lowering tax rates by broadening the tax base works. and you can -- let me finish. >> you haven't given me the math. >> i don't -- it would take me too long to go through all of the math. >> i got to tell you, what did you think of that? i thought that was unbelievable. >> why? >> first of all, it was on fox which we all have views on what you think fox will do. second of all, i think he has no details. >> i don't agr
the parties involved, how much our personal relationships between netanyahu, president obama, netanyahu, mitt romney, how much is that playing into what we'ree hearing about this and other issues? >> i don't think what the prime minister did yesterday had any, but i think people seem to discard the importance of personal relations. in a politics and international relations or even national affairs, not love affairs and not all about rumors. at the same time personal relations come and all you have to do to have this brought home to you is remember the very bad relations between president roosevelt in the second world war, a very great extent america's decision to enter the war, to help the united kingdom because of the disdain and distrust between those two leaders. i believe personal relationships to count and i hope whoever the next resident i is, relations between him and the prime minister of israel will be as they always were. warm, trustful, genuine and ones of great strategic alliance. connell: thank you very much for coming into the studio today. appreciate it. thanks. dagen: vast maj
. president obama for mitt romney. some new data out. most people have made up their minds. 15% could be convinced to choose somebody else. that seems kind of hype. first, here are some currencies. look how they are shaping up against the dollar today. ♪ follow the wings. ♪ >> @23 minutes past the hour i have good news minute. at least 14 people are dead after a bombing attack in afghanistan. thirty-seven for her to the attack. a new report finds dozens of weapons connected to the bathroom. and it gone rubbing fetish they were linked to murders, kidnappings and other drug cartels. your seafood may be shrinking over the next few decades. researchers at the university of british columbia faced global warming will reduce the size of 600 species of fish. warmer oceans will reduce the amount of oxygen in the water. those are your news headlines on the fox business network. dagen: thank you so much. the supreme court is back in session. first on the agenda, a human right case revolving around a ball around 1789. connell: peter barnes covered that. >> argument ending for this first case.
loses. it's not guaranteed romney will lose. obama after three great weeks is at 50 so it's not like he is at 54 with a big margin of error. that if romney doesn't lose, i think the big question will be is there someone who kind of challenges the party on issues, particularly with immigration and maybe a little bit on social issues. >> i think, i actually think that someone who explicitly makes the case would be worse -- look at a bob mcdonnell in virginia. he is someone who clearly was socially conservative, telegraph that very clear to his voters and the thought of him as reliable, and so he was able to go after suburban voters and what have you. but because you thought of him as reliable and say, he was able to frame things effectively. i think that's a better model. compare a huntsman to george w. bush. >> and marco rubio. i can imagine jeb bush is being the intellectual leader, but not running himself, maybe trying to see a rubio was not message of anti-and i can't get but further in this direction. i can sort of imagine that scenario. >> far be it for me to predict what republican
talked and the fact that obama is leading in the polls and the market has to consider the fact that aggressive rises in capital gains tax. that may be a fact. at what point will people sell anticipation of that, do you think? >> i think they are nervously watching and they bought into the qe thing assuming that the gridlock will continue and perhaps from the presidential polls to the presidential election polls. and if there is still not complete control by any one party, the deadlock will continue and the market will be mollified with that. >> you mentioned what you would do if you were at the sidelines at this point in time and "the wall street journal" article was interesting, sort of implying that fund managers were up and will actually sell. the vast majority of mutual fund managers and hedge funds are underperforming their marks. do you think this is going to be a force in the market, as "the wall street journal" wants to make it? it seems to me that the moneying managers outperforming are in such a minority that even if they went to the sidelines -- >> we've seen it. we'
to build that into our model and say that's not going to change. so if obama gets elected they stay in. if romeny gets elected which he won't then he can't necessarily change it so let's just build that those tax cuts are gonna expire at the end of the year period. the one thing that i can tell you that is very troublesome to me as i look at prices, as i look across as i look at hog prices priced for next summer, i look at cattle prices, i look at grain prices and that is that why is it that we ignore the food and energy component of cpi? so, i could be ben bernanke's speech writer because he says the same thing every time he goes in front of the senate is we don't see any particular problem with inflation. really, we don't corn prices just nearly double in three months. so, how is it there is no inflation? >> reporter: do you get any sense that the ethanol mandate is going to change under either administration under obama or if romney would get elected? >> well is sure seems like the word ethanol has turned into a pejorative and it's not exactly the most positive topic. i just don't k
, curtis. again a lot of people are fearful if obama wins re-election that is the path we're headed on. what do you expect to happen to tax rates if he is reelected? >> you know, president obama does want to raise taxes. i don't think we'll ever go back to rates in the 70s of 75%. we've been there, done that. i don't think we'll go back to level. however president obama wants to raise them from 35% today to above 40% starting next year. that would slow the economy. it would reduce job creation and keep us stuck in the low growth, high unemployment environment we're at right now. lori: just for my background sake here in the u.s. we're at about 1% expansion rate. what is the highest level of income taxes you could pay to keep us in a free enterprise capital structure society? >> well, you know, i think it is hard to pick a particular rate because it depend on the tax base and a lot of other things. however, you know, right now we're at 35% and we have no growth. a lot of people point to the clinton years, you know what, we raised taxes and economy grew. go back and look at the in those
a lot. >>> the united general assembly's 67th session opens today with president obama getting ready to take the stage at any moment. conflict in the middle east will be one of the key topics of his speech. we are at the white house and joined with a quick preview. >> reporter: two main subjects on the aden gentleman going to the yutss today. we are going to talk about the violence in the muslim streets that culminated into the american ambassador to libya. and he'll talk about the nuke lower armed iran. i was going to say there are no words for the innocence of the killing we have seen. there's also no video to justify an attack on an embassy. there's no slander that provides an excuse for people to burn a restaurant in lebanon or destroi a cool in tune this -- he does not think that the united states can live with the nuclear armed iran. carl, one point to think about as we think about the president's remarks here, he's been under fire f, and the obam camp is making an important issue, obama is clearly walking a tightrope today and doesn't want to threat up his re-election chances.
in the lottery. 3 the clook is ticking down to the first presidential debaae... between president obama and mitt romney. romnee. both candidates are getting ready to go head-to-head forrthe first time on weenesday.over the weekend... the president headdd to las vegaa for a ccmpaign event... while rrmney attended church in massachuustts.thh two will face off innddnver... wednesday night. small,,fuel efficiint city could be on the road to owning more than a dozen new electric cars. joel d. smith is live at the dealershiipwith thh unique vehicles you could see on city roads very soon.good morning 3 3 3 simon cowell takes his search for talent... in a different judge is looking or... in an uppoming show. 3and ""ealthy city dayss... pegins today.how you can get involved... coming up in ur hometownnhotspot.you're watching fox 45 mooning news.. all local.. all morning. ((bump out)) ((break 11) hey, what are you drinkin'? pumpkin coffee for the morning. and i've got my pumpkin k-cup packs for at home. now i can have my pumpkin coffee any time i want it. pumpkin's perfect. it's dunkin' with the press o
contributors to barack obama. so let's focus on the left side of the aisle this morning. we're using fresh data here from the center for responsive politics, focusing on donors who gave to groups that contribute some or all of their money to the presidential race. we're going to start with number five, jeffrey katzenburg, the ceo of dreamworks. he and his company have been lobbyists for a lot of copyright companies in washington as well as protection against china. katzenberg attended a lunch with biden and top chinese officials. after that, dreamworks has a jv with the son of china's president. going on to our number four on the list is jim simons. he is the founder of renaissance technologies. and he is the richest of the democratic dee nonors with a ne worth of $11 billion. education is a big issue for the democrats. math education and reform of public education, big issue for jim simons, who i'm sure will be a big voice for democrats. remember, president obama's change of position on gay marriage this summer, shortly after that, he got a big check from a guy named jon stryker, architect in
if it was president obama gets re-elected, then at the high end you'll see the bush tax cuts not extended for the high end. and then -- but if romney wins it, you would see them all extended. is there one that would have a better outcome in your view? >> you know, i think there's a -- there's a tension between two different things here. on the one hand, there's a sense that in the very near term with a weak overall economic performance continuing that raising levels of taxes wherever in the distribution may have some negative effects on economic growth. and then there's a harder long-term question, frankly, which is how tax rates on capital gains, on dividends which feed through a somewhat complicated channel by encouraging various kinds of saving activity and ultimately lowering the cost of capital to businesses and encouraging investment, how that translates into long-term economic growth. that is frankly a difficult chain to try to measure in any precise way, and consequently it's harder to be able to trace through the quantitative impacts on growth to follow through on channels for that. >> to fol
was leaked, the obama campaign is using mitt romney's own words in its latest ad. the ad uses direct quotes from romney at a recent fdraiser, where he said 47 percent of the country saw themselves as victims who are entitled to help from the government. romney has since said his campaign is for all americans. both candidates are taking on foreign policy ten days before the first debate. on last night's 60 minutes the president was asked whether he faced pressure to be more aggressive on iran's nuclear program. >>when it comes to our national security decisions and the pressure that i feel is simply to do what is right for the american people and i am going to block out any noise that is out there ... >>the president has a foremanforeign policy that is characterized as leading from behind that for me is being a follower the romney campaign says the president's attitude over israel is the latest evidence of his chronic disregard for the security of our closest ally in the middle east. it's been over 100 years, but the wife of abraham lincoln is getting another day in court. a chicago court
. something for candidates romney and obama in today's data. you can imagine romney pounding on the weak growth and obama saying hey, 286,000 more jobs out there and there's also something for bulls and bears but not much anybody from a sober analysis this remains a weak growth economy. melissa? >> thank you very much, steve liesman. >>> and from the u.s. to spain, let's head across the atlantic for more on spain's budget as the country hopes to avoid a bailout. steve sedgwick joins us live with the very latest. steve. >> reporter: yeah, thanks very much, indeed. we just heard literally in the last 20 minutes or so that the press conference, the announcement about this austerity that we've been waiting for all day will now get the conference in around about an hour's time. so all should be revealed about what rajoy intends to do. in the next stage of austerity. because i think the next stage because there's already been at least four bouts of austerity from this government since it came in in december last year. the last was a 2012 budget which we got 64 billion euros worth of austerity
and it will limit the upside for next year. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on the senate outcome. but wiser minds will see the wisdom of helping the fed in its efforts to stimulate asset prices by not onerously raising taxes on the most important asset class other than homes. >> have you actually calculated a number? you said it would give back some of the rally. but is there a number or a percentage? >> 12-month price target is 1,500. we've written in our research that 1,600 would be a reasonable 2013 end. i need to see an acceleration in global growth. >> contingent on both, not just the tax issue? >> both. somewhere between 1,500 and 1,600. >> david,
Search Results 0 to 30 of about 31 (some duplicates have been removed)

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